Play Gold Thru Goldcorp Warrants g.wt.g-tse

Globe says bets on Eldorado, others pays off for Taylor


2011-04-25 06:02 ET - In the News

See In the News (C-ELD) Eldorado Gold Corp

The Globe and Mail reports in its Monday, April 25, edition that Goodman & Co. Investment Counsel manager David Taylor runs Dynamic Canadian Value Class and Dynamic Value Fund of Canada, which posted over five years annualized returns of 7.7 per cent and 7.5 per cent. The Globe's Darcy Keith writes in the Number Cruncher column that Mr. Taylor attributes his success to his use of cash, big sector bets and being contrarian by buying cheap stocks with potential catalysts. Mr. Taylor says, "If you want to be No. 1, you can't build a portfolio that looks like everybody else." In late 2008 Mr. Taylor had boosted cash to 20 per cent, which he put to work in March, 2009. Mr. Taylor's best move came when he slashed his energy weighting that year to 11 per cent versus 30 per cent for the index. It was a contrarian move. He invested in "very cheap" gold stocks when that metal was trading around $500 an ounce compared with $1,500 today. He bought names such as Osisko Mining, Eldorado Gold, Tahoe Resources and also Andean Resources, which has been taken over by Goldcorp. Mr. Taylor says, "I bought gold and silver stocks when everybody was madly in love with and only cared about oil."

G-WT-G.TO - Goldcorp Inc. G Wt (TSX)

Date	Open	High	Low	Last	Change	Volume	% Change
04/26/11	6.3100	6.6200	6.0500	6.3100	-0.6900	253984	-9.86%

Composite Indicator	-- Signal --	-- Strength --	-- Direction --
Trend Spotter (TM)	Buy	Weak	Weakest
Short Term Indicators
7 Day Average Directional Indicator	Buy	Minimum	Weakest
10 - 8 Day Moving Average Hilo Channel	Hold		Bearish
20 Day Moving Average vs Price	Buy	Weak	Weakest
20 - 50 Day MACD Oscillator	Buy	Maximum	Strongest
20 Day Bollinger Bands	Hold		Bearish
Short Term Indicators Average:	60% - Buy
Medium Term Indicators
40 Day Commodity Channel Index	Hold		Bearish
50 Day Moving Average vs Price	Buy	Strong	Weakest
20 - 100 Day MACD Oscillator	Buy	Maximum	Strongest
50 Day Parabolic Time/Price	Sell	Average	Strongest
Medium Term Indicators Average:	25% - Buy
Long Term Indicators
60 Day Commodity Channel Index	Buy	Minimum	Weakest
100 Day Moving Average vs Price	Buy	Strong	Weakest
50 - 100 Day MACD Oscillator	Buy	Average	Strongest
Long Term Indicators Average:	100% - Buy
Overall Average:	64% - Buy

G-WT-G.TO - Goldcorp Inc. G Wt (TSX)

Date	Open	High	Low	Last	Change	Volume	% Change
04/26/11	6.3100	6.6200	6.0500	6.3100	-0.6900	253984	-9.86%

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Today's Opinion: 64% Buy Yesterday's Opinion: 96% Buy Last Week's Opinion: 96% Buy Last Month's Opinion: 56% Buy Ratings: Strength: Direction: 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100

G-WT-G.TO - Goldcorp Inc. G Wt (TSX)

Date	Open	High	Low	Last	Change	Volume	% Change
04/26/11	6.310	6.620	6.050	6.310	-0.690	253984	-9.86 %

House Positions for C:G.WT.G from 20110427 to 20110427

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	56,175	354,829	6.316	41,117	270,610	6.581	15,058	-84,219
79 CIBC	27,500	179,685	6.534	15,000	93,963	6.264	12,500	-85,722
85 Scotia	2,500	16,020	6.408	0			2,500	-16,020
19 Desjardins	2,000	13,300	6.65	200	1,232	6.16	1,800	-12,068
65 Goldman	300	1,877	6.257	200	1,294	6.47	100	-583
2 RBC	3,300	20,993	6.362	3,300	21,821	6.612	0	828
80 National Bank	117	769	6.573	275	1,751	6.367	-158	982
124 Questrade	0			200	1,242	6.21	-200	1,242
33 Canaccord	0			4,000	24,639	6.16	-4,000	24,639
62 Haywood	0			5,000	33,210	6.642	-5,000	33,210
13 Instinet	2,800	18,676	6.67	9,600	58,986	6.144	-6,800	40,310
1 Anonymous	20,300	132,663	6.535	36,100	230,064	6.373	-15,800	97,401
TOTAL	114,992	738,812	6.425	114,992	738,812	6.425	0	0